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In this audio track Mary explains what Business use loans are and how they can be used. Remember business loans are for products which will be used by predominately by the business or >51% of the time.
$0 penalties on extra payments
Fixed interest rates and fixed repayments
Chattel Mortgage
Your Business’s cash income is considered and balloon payments are available.
Hire Purchase
Retain the asset at the end of the contact and claimed back depreciate.
Sale and Leaseback
With a sale and leaseback you can be paid cash for your asset(s).
Finance Lease
A fixed interest rate for the tern of the loan and a balloon payment option are some feature of a finance lease.
Novated Lease
A novated lease is a great option of a business when including a car as a part of an employee’s salary pack.
Operating Lease
An operating lease is a very straightforward lease agreement.